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| Cole Street - Scunthorpe |
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Full Description
INVESTMENT PROPERTY FOR SALE THREE INTERCONNECTED MID TERRACED PROPERTIES IN EXCELLENT LOCATION SITUATED JUST OFF THE PEDESTRIANISED AREA OF THE HIGH STREET CURRENTLY LET AS A WHOLE ON A FULL REPAIRING AND INSURING LEASE FOR A TERM OF 6 YEARS FROM OCTOBER 2020 TO AN ORIENTAL GROCERY RETAILER CURRENT RENTAL INCOME £18,000 PER ANNUM (reference: COM202120) |
MAIN SALES 15.14m (49'8") x 9.75m (32'0") |
SECONDARY SALES 12.85m (42'2") x 5.03m (16'6") |
FIRST FLOOR |
STORE ONE 4.06m (13'4") x 4.67m (15'4") |
STORE TWO 4.67m (15'4") x 4.11m (13'6") |
KITCHEN 3.78m (12'5") x 1.98m (6'6") |
STORE THREE 4.67m (15'4") x 4.11m (13'6") |
STORE FOUR 4.22m (13'10") x 3.99m (13'1") |
STORE FIVE 3.81m (12'6") x 3.10m (10'2") |
FIRST FLOOR FLAT A one bedroomed flat comprising living room, kitchen, bedroom and bathroom |
OUTSIDE To the rear of the property there is parking for approximately 4 cars |
LEASE DETAILS The property is held on a lease dated 2nd March 2021 for a term of 6 years from 3rd October 2020 at a rent of £18,000 per annum exclusive. The lease is full repairing and insuring, and the existing tenant has been in occupation for over 20 years. |
PRICE The property is available freehold, subject to the existing tenancy, for offers in the region of £275,000. |
Energy Efficiency
